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Economics of Digital Information

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Kathy Gill
Kathy Gill

Introductory lecture.

BusinessEconomy & Finance
1 of 48
Information, Markets and Society Kathy E. Gill 30 June 2008
Overview ,[object Object],[object Object],[object Object],[object Object],[object Object]
But first …. ,[object Object],Edward R. Murrow , 1958, RTNDA Convention
What Is An Info Economy? ,[object Object]
History of Term, Concept ,[object Object],[object Object],[object Object]
Bell ,[object Object],[object Object],[object Object]
Digital Expectations ,[object Object]
Today (almost!) ,[object Object]
No Standard Nomenclature ,[object Object],[object Object]
What is Information? ,[object Object],[object Object],[object Object],[object Object],[object Object]
What is Information Technology? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Societal Factors ,[object Object],[object Object],[object Object],[object Object],[object Object]
Competing Theories ,[object Object],[object Object],[object Object],[object Object],[object Object]
Summary ,[object Object]
Economics 101 ,[object Object],[object Object],[object Object],[object Object],[object Object]
What Is Economics? ,[object Object],[object Object],[object Object]
John Kenneth Galbraith ,[object Object]
Kuhnen & Knutson (2005) ,[object Object]
Supply and Demand ,[object Object],[object Object]
Demand Curve ,[object Object],[object Object],[object Object]
Supply Curve ,[object Object],[object Object],[object Object]
Supply-Demand
Competitive Markets (perfect competition) ,[object Object],[object Object],[object Object],[object Object]
Market Structure ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Economics of Information ,[object Object],[object Object],[object Object],[object Object]
Economics of Attention ,[object Object]
Types of Goods (1/2) ,[object Object],[object Object]
Types of Goods (2/2) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Non-Excludable ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Excludable Non-Rival Rival
Excludability and Information ,[object Object]
Types of Excludability (traditional) ,[object Object],[object Object],[object Object],[object Object]
Digital Excludability (transitional?) ,[object Object],[object Object],[object Object],[object Object],[object Object]
An Experience Good ,[object Object],[object Object]
Complementary Goods ,[object Object],[object Object],[object Object],[object Object]
Network effects (1/2) ,[object Object],[object Object],[object Object]
Network effects (2/2) ,[object Object],[object Object],[object Object]
Locked In! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Philosophy ,[object Object],[object Object]
Tipping ,[object Object]
Examples ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
One More Point … ,[object Object]
Conclusion (1/2) ,[object Object],[object Object]
Conclusion (2/2) ,[object Object],[object Object]
For Wednesday ,[object Object]
Next Assignments ,[object Object],[object Object],[object Object],[object Object]
Lab ,[object Object],[object Object]
Resources (1/3) ,[object Object],[object Object],[object Object],[object Object]
Resources (2/3) ,[object Object],[object Object],[object Object]
Resources (3/3) ,[object Object],[object Object],[object Object]

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Economics of Digital Information

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